Ola
TMT
Sequoia's Surge raises seed round ticket size to allow founders more runway
Surge - the accelerator and incubation programme by Sequoia Capital for early-stage investing - will increase its seed funding ticket ......
Infrastructure
Delhivery shares close 10% higher, a boost to upcoming IPOs
SoftBank-backed Delhivery Ltd debuted on the Indian stock exchanges with an over 1% opening but closed at a 10% premium to ......
TMT
Ola Electric demands user drop defamatory content
Electric two-wheeler manufacturer Ola Electric Mobility Pvt Ltd on Wednesday sent a legal response to Guwahati-based Balwant Singh, demanding he ......
People
Ola Cars chief executive Arun Sirdeshmukh to step down
SoftBank-backed Ola's vehicle commerce platform (Ola Cars) chief executive Arun Sirdeshmukh will be exiting the firm seven months after his ......
People
Ola's Bhavish Aggarwal to focus more on product, GR Arun to head routine ops
Bhavish Aggarwal, Founder and Group Chief Executive Officer of cab aggregator platform Ola, operated by ANI Technologies Pvt Ltd, will ......
Finance
Startups find offshore, venture debt cheaper as volatility in equity fundraising increases
India’s cash guzzling startups, treading on high valuations following two consecutive years of aggressive equity fundraising, are finding offshore debt ......
Finance
Ola to buy fintech firm Avail Finance to strengthen financial services biz
SoftBank-backed ANI Technologies Pvt Ltd, which operates cab ride-hailing aggregator platform Ola Cabs, has agreed to buy neobanking platform Avail ......
TMT
Unicorns stumble at the hurdles in 2022 after successful sprint run
Technology startups in India, the world's third-largest startup ecosystem, had a very good run for the last two years with ......
TMT
Ola raises additional Rs 150 cr in ongoing Series J round
Cab ride-hailing aggregator Ola Cabs, operated by ANI Technologies Pvt Ltd, has raised Rs 150 crore in its ongoing Series ......
TMT
Ola rebrands quick commerce segment; aims to set up 500 'dark stores'
ANI Technologies Pvt Ltd, parent of ride-hailing company Ola, has rebranded its quick commerce business as Ola Dash and aims to set up ......